Indian Head gold coins
Indian Head gold coins are rare, because they were minted only during the period 1908-1929. Because of their rarity and catchy unusual designs, these coins are in great demand today. For instance, the designs and the inscriptions on the coins are sunken below the surface of the coins, rather than being raised.
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![]() Hoard of 10- $10 Liberty Head Gold Coins PCGS MS62 ! US $11,550.00
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The Indian Head gold coins carried the image of the bust of an Indian chief in full headdress on the one side, and that of an eagle in repose, on the reverse side. This was clear change from the images of the standard Liberty and the spread-winged eagle, which had adorned the face of the gold coins since 1795.
When these coins were introduced in 1908, there were indeed critics. It was said that the Indian chief on the face of the new half-eagle gold coin looked shrunken. There was also concern that the incuse design would be a home for harmful bacteria that could attack those who handled the coins. However, history proved that these concerns were baseless. In addition, these coins have later become very popular.
President Roosevelt commissioned the Indian Head gold coins in 1908. The new $5 coin was the most unusual coin then, designed by designer, Bela Lyon Pratt. The coin was with the head incuse; the sculptured head was not raised above the surface, as with most coins, but sunken below it. Only very few of these coins were minted and following the stock market crash in 1929, bringing the great depression, the production of these coins were halted.
Specifications:
- Designer: Bela Lyon Pratt Obverse
- Reverse
- Edge:Reeded
- Weight: ±8.24 grams
- Diameter: ±21.6 millimeters
- Composition: Gold 90%, Copper 10%
- Dates 1908-1929
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